US Bancorp

NYSE:USBUnited States

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• DJ US Bancorp Is Maintained at Neutral by UBS, from 3 hours ago by Dow Jones

  3 hours ago by Dow Jones
  Companies Mentioned: USB
  
  Ratings actions from Benzinga: https://www.benzinga.com/quote/USB/analyst-ratings
  
  (END) Dow Jones Newswires
  
  April 19, 2024 11:18 ET (15:18 GMT)
  

• --UBS Lowers U.S. Bancorp Price Target to $43 from $47, Neutral Rating Kept, from 4 hours ago by MT Newswires

  4 hours ago by MT Newswires
  Companies Mentioned: USB
  10:33 AM EDT, 04/19/2024 (MT Newswires) -- (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contac...

• DJ Banks Believe They Are Well Prepared for Commercial Real Estate Fallout -- Heard on the Street -- WSJ, from 7 hours ago by Dow Jones

  7 hours ago by Dow Jones
  Companies Mentioned: NYCB, PNC, USB, BAC, CFG
  
  By Telis Demos
  
  For another quarter, big banks saw only a smattering of losses on office loans. But lenders still remain braced for a lot more.
  
  Seemingly every week brings fresh headlines about office towers selling at deeply discounted prices. Yet so far this reporting season, large banks that are office lenders are avoiding fresh big hits to their earnings. Partly that is because they have already set aside sizable reserves for future losses over the past few quarters. So they have taken the money out of prior earnings through credit provisions, preparing ahead of time for losses driven by vacancies or rising interest rates.